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Compass Point Reiterates Buy on Ally Financial (ALLY) as Key Drivers Remain Intact

Get an inside look at Wall Street with StreetInsider Premium. Get your 2-week free trial here Compass Point maintained a Buy rating on Ally Financial (NYSE: ALLY), and cut the price target to $22.00 (from $26.00), following the companys 4Q earnings report. ALLY reported 4Q15 adjusted EPS of $0.52 versus the streets consensus of $0.51. […]

Asbury on used-car stores: ‘This is the year for Q’

“I think this is the year for Q,” Monaghan said, “where our internal objective is to get it to the point where those stores are generating an attractive ROI.” What may help on the ROI front is that there’s not a lot of capital “tied up” in the stores, particularly for the two smaller-format locations, […]

Group 1 Automotive Incorporated (NYSE:GPI) Shorted Shares Increased 13.35% After Market Selling

The stock of Group 1 Automotive Incorporated (NYSE:GPI) registered an increase of 13.35% in short interest. GPI’s total short interest was 1.52 million shares in February as published by FINRA. Its up 13.35% from 1.34 million shares, reported previously. With 482,600 shares average volume, it will take short sellers 3 days to cover their GPI’s […]

Uber partners banks for car financing schemes for its drivers

NEW DELHI: US-based taxi aggregator Uber has partnered with banks and financial institutions in India to facilitate vehicle financing to its driver partners as it looks to strengthen its presence in the country. We have tied up with banks and various other top financial institutions in the country to make the process of vehicle financing […]

Daimler AG (DDAIF) Upgraded by Zacks Investment Research to "Hold"

Zacks Investment Research upgraded shares of Daimler AG (OTCMKTS:DDAIF) from a sell rating to a hold rating in a research note released on Tuesday morning, Market reports. According to Zacks, DAIMLER AG with its businesses Mercedes-Benz Cars, Daimler Trucks, Daimler Financial Services, Mercedes-Benz Vans and Daimler Buses, is a globally leading producer of premium […]

Help! I Can’t Fix My Bad Credit

1. Give It Some Time Bad credit is often the product of some pretty big missteps, like a bankruptcy, foreclosure, judgment or default. And that negative information is going take some time to age off of your credit report. Their effects will, however, lessen over time, so if you continue to focus on the basics (like making […]

Transformance Partners with Clay Piggy to Educate Children

Dallas, 01/26/2016 /SubmitPressRelease123/ Will Provide a Continuous Financial Education Program for Title I Schools DALLAS, TX (Jan. 27, 2016) – Transformance, Inc., a 42-year-old nonprofit organization providing financial counseling, outreach and education, has formed a strategic partnership with Clay Piggy, LLC to serve Title I schools. Under an initiative called Pocket Change Kids, Transformance will […]

5 factors pointing to possible credit squeeze

— Aggressive Bank of Japan and European Central Bank actions — Collapsing oil and other commodity prices — Currency manipulation — Capital controls — Large amounts of dollar-denominated debt held by countries and companies that can ill afford it To explain what those developments have to do with the availability of used-vehicle financing, Webb shared […]

Water pushed up from the wheels into the engine compartment can prove dangerous

The percentage of auto loans to buyers with the poorest credit ratings is growing faster than thats according to an analysis by Experian Automotive of open auto loans in the fourth quarter. Experian says about 21 percent of open auto loans are now held by those with subprime and deep subprime credit ratings. Experian also […]

The Real Kickstarter: How global capital markets can help support the refugee crisis

If we look hard enough, were likely all the products of refugees. The very founding of America was based on the concept of refuge. It stands to reason — we should be sympathetic. Last summer the UN High Commission on Refugees released in their annual global trends report that the number of displaced people globally had reached an all-time […]

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